16H ............................BELLEVILLE NEWS-DEMOCRATSUNDAY FEBRUARY 25 2018 More Financing Options Increase Buying Power Buying your dream home is a big step. Of themany choicesand decisions to be made, choosing the best financing option to suit your goals may be themost important- and most often over-looked. Firstco Mortgage, a localmortgage lender located in O’Fallon, Illinois is an expert in home lending and is ready to assist you. Firstco Mortgage works with their customers to find the best loan possible, and guide them through the mortgage and home buying process. There are many types of mortgages to consider. Firstco Mortgage offers most traditional mortgage programs such as Conventional, FHA, and VA Loans. One of the newest loan options is FannieMae’s HomeReadyMortgage. HomeReady requires a minimal down payment that can include gifted funds and grants, and also features more flexible underwriting requirements than standard conventionalfinancing. Borrowers may not need any of their own funds to complete their purchase. assist with the Firstco Mortgage can also various programs offered by the Illinois Housing Development Authority (IHDA). Currently in St. Clair County, the 1st Home Illinois program offers a $7,500 grant to First Time Homebuyersfor Down Payment and closing costs, along with acompetitive 30year fixed rate mortgage. In addition, IHDA has recently announced the IHDA Access program, available in all Illinois counties, which offer grants of up to $10,000 towards down payment and closing costs, and may be either forgiven, repaid in monthly installments, or Time ForAHome Loan? Visit fcbbanks.com for the location nearest you! FCB Banks NMLS #418466 618-624-9800 1505 West Hwy 50 O’Fallon, IL firstcomortgage.com NMLS #276876 IllinoisResidential Mortgage Licensee deferred for up to 30 years. Firstco Mortgage loan officers will be happy to discuss IHDA’s current offerings to determine if they are available to you, and if you would benefit from their programs. homepurchase Firstco Mortgage including In addition to these great options, offers virtually all types of refinance loans, Home Improvementloans, Debt Consolidation, HARP loans, andStreamline Refinance options for both FHA and VA loans. As you can see, there are a variety of loan options available. and your Mortgage Specialist is ready to assist in helping to determine which is best for you. For more information, call Firstco Mortgage at (618) 624-9800, or go to firstcomortgage.com.

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